Shoals Technologies Group is a provider of electrical balance of system solutions for solar energy projects, primarily in the United States... Show more
Industry AlternativePowerGeneration
A.I.dvisor indicates that over the last year, SHLS has been loosely correlated with NXT. These tickers have moved in lockstep 61% of the time. This A.I.-generated data suggests there is some statistical probability that if SHLS jumps, then NXT could also see price increases.
| Ticker / NAME | Correlation To SHLS | 1D Price Change % | ||
|---|---|---|---|---|
| SHLS | 100% | +0.37% | ||
| NXT - SHLS | 61% Loosely correlated | +1.99% | ||
| ARRY - SHLS | 58% Loosely correlated | -3.47% | ||
| FCEL - SHLS | 52% Loosely correlated | +0.91% | ||
| FSLR - SHLS | 49% Loosely correlated | -1.74% | ||
| ENPH - SHLS | 47% Loosely correlated | -0.52% | ||
More | ||||
| Ticker / NAME | Correlation To SHLS | 1D Price Change % |
|---|---|---|
| SHLS | 100% | +0.37% |
| Alternative Power Generation industry (21 stocks) | 67% Closely correlated | +1.88% |
| Utilities industry (92 stocks) | 34% Loosely correlated | +1.44% |
The Moving Average Convergence Divergence (MACD) for SHLS turned positive on September 04, 2026. Looking at past instances where SHLS's MACD turned positive, the stock continued to rise in 36 of 42 cases over the following month. The odds of a continued upward trend are 86%.
The Momentum Indicator moved above the 0 level on September 15, 2026. You may want to consider a long position or call options on SHLS as a result. In 74 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 78%.
SHLS moved above its 50-day moving average on September 30, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +4.63% 3-day Advance, the price is estimated to grow further. Considering data from situations where SHLS advanced for three days, in 213 of 256 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.
The Aroon Indicator entered an Uptrend today. In 157 of 195 cases where SHLS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 81%.
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 50-day moving average for SHLS moved below the 200-day moving average on September 11, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SHLS declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 85%.
SHLS broke above its upper Bollinger Band on September 22, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Price Growth Rating for this company is 43 (best 1 - 100 worst), indicating steady price growth. SHLS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 80 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.023) is normal, around the industry mean (4.934). P/E Ratio (39.079) is within average values for comparable stocks, (104.750). Projected Growth (PEG Ratio) (0.515) is also within normal values, averaging (1.473). Dividend Yield (0.000) settles around the average of (0.014) among similar stocks. P/S Ratio (1.968) is also within normal values, averaging (5.257).
The Tickeron SMR rating for this company is 82 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 84 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SHLS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 99, placing this stock worse than average.